Good luck tag me when something significant happen
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Quote:
Good luck tag me when something significant happens like actually pulling up treasure.
I suppose you know about the 100 plus gold and silver coins, (TREASURE) don’t you. They dove about 10 days total on the wreck and they plan to stay through 2018. That’s an average of better than 10 a day when dive.
An 1822 half eagle would be worth millions. Only 1 in circulation and 2 in the Smithsonian. 18000 were minted but most were melted.
http://www.latimes.com/local/lanow/la-me-ln-r...story.html
Then there’s the 1815 half eagle. Pre 1834 coins can be very valuable.
https://www.coinworld.com/news/us-coins/2015/...y.all.html
All that said, Micah’s vision is long term. Multiple wrecks at a time. Not multiple exploration permits that do not provide ownership protections in areas hostile to salvors.
There is no BILLION$ being talked about on a given wreck. That’s a pipe dream. Has it happened? Sure, but how often?
Now $10MM off the Pulaski, maybe $30MM off the Connaught, and on and on it can go. They have a data base on 1400 wrecks KNOWN to contain valuable cargo. Maybe there’s a $100MM plus find coming, but Micah is more realistic.
Regardless, Endurance is showing they know what they’re doing. The funding hasn’t come, but I think that is coming if The Pulaski keeps producing at the current rate. Micah could have pulled a Kyle with toxic funding and low priced PP shares, but he didn’t. He simply put in his OWN money and filed it with the SEC. The fishing nets are a challenge on the Connaught but they've worked on a solution.
We know where we stand on each site. What’s up on Juno? How ‘bout Melbourne? Didn’t Kyle say the wreck was on Area 1? That was almost 2 years ago.
You wanted an update when something significant happened, like pulling up TREASURE, well there you go. Endurance is just getting started. While the next 10 days produce an 1822 half eagle? Who knows, but 100 half eagles valued at $20K a piece is a nice payday when you have other coins as well that can be very valuable. I think $10MM is doable on Pulaski.
About 44MM OS with a 2.6MM float and treasure being brought up. The next 3 years should be fun.
No need to respond to my questions. I know you don’t have answers.
Happy Mother’s Day weekend.